The existential threat to Oil and therefore the existential threat to Saudi Arabia and the OPEC cartel comes from China, not from net zero or from green deals in the West.
Sit up change is afoot!!
https://finance.yahoo.com/news/chinas-green-leap-forward-nightmare-070000668.html
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Lets just hope the change comes quick enough, time to also stop worrying about mass unemployment in the oil industry, this is a price very worth paying to stop our reliance on oil and move to sustainable, renewable sources. I would like to see a move to Hydrogen and solar, over the current move to Lithium, which is finite anyway and requires ecological damage to extract from the ground.
